Market Recap: Weekly Update
(October 28, 2023)
YTD refers the Returns from January 1, 2023 till October 27, 2023
Weekly Change | YTD | |
Nifty | -2.71% | INR 5.2% |
Sensex | -2.51% | INR 4.84% |
Bank Nifty | -2.14% | INR -0.48% |
NASDAQ 100 | -2.3% | 30.54% |
S&P 500 | -2.21% | 7.67% |
Index Valuation and Earning
Index | P/E Ratio | EPS |
Nifty 50 | 20.8 | 914 |
Nifty Bank | 14.9 | 2879 |
Nifty Financial Services | 16.8 | 1135.9 |
Nifty IT | 25.8 | 1187.9 |
Nifty Auto | 25.5 | 634.6 |
Nifty FMCG | 42 | 1222.5 |
Nifty Healthcare | 35.3 | 262.5 |
Nifty Pharma | 31.4 | 470.1 |
Nifty Consumer Durables | 60.2 | 465.6 |
Exchange Rates, Brent Crude & Gold
Closing Price | Weekly Change | |
USD/INR | 83.41 | 0.46% |
EUR/INR | 88.25 | -0.35% |
EUR/USD | 1.0593 | -0.25% |
Brent Crude | 90.07 | -1.37% |
Gold (USD/OZ) | 2006.52 | 1.45% |
Gold (INR/10G) 24 caret | 62,735 Delhi | 0.35% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 36,904.71 |
Gross Sales | 50,091.72 |
Net Purchases / Sales | 13,187.01 |
DII
Gross Purchases | 38,397.77 |
Gross Sales | 26,844.43 |
Net Purchases / Sales | 11,553.34 |
Key Market Updates
- Nifty 50 Top gainers: Axis Bank Ltd., HCL Technologies Ltd, Coal India ltd.
- NIFTY 50 Top losers: UPL, Adani Enterprises, HDFC Life Insurance, JSW Steel Ltd, Asian Paints Ltd.
- RIL Q2 results: Net profit rises 30% YoY to Rs 19,878, Gross revenue stood at 2.55 lakh crore.
- Asian Paints Q2 Results: PAT soars 53% YoY to Rs 1,232 crore. Revenue from operations increased just 0.2% YoY to Rs 8,478.6.
- Maruti Suzuki Q2 Results: Net profit jumps 80% YoY to ₹3,716.5 crore.
- Dr Reddy’s Q2 Results: Net profit rises 33% to ₹1,482 crore, revenue up 9% YoY.
Startup, M&A Deals
- Ola Electric raised Rs 3,200 crore ($380 million) in equity and debt funding from Temasek and State Bank of India.
- PMI Electro Mobility, the electric bus manufacturer, raised Rs 250 crore ($30 million) from Piramal Alternatives, Piramal Group’s fund management business.
- Husk Power Systems Raises $43 Million To Drive Renewable Energy Expansion In Africa And Asia
- SaaS startup Blubirch raised $6.37 million from Cornerstone Ventures and Capital2B.
- Aditya Birla’s Tmrw invests Rs 155 crore in The Indian Garage Co.
- Future Group takes control of Aadhaar Wholesale Trading and Distribution.
Checkout the last week’s Market trends here: Market Recap (October 21, 2023)
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